Tuesday, 6 July 2010

Success so far for pragmatism

Up until now the Labor coup leaders would be quite happy with their handiwork. By having the retention of power as their sole motivation they are getting rid of the negatives at a rapid rate. The Crikey Election Indicator this morning had Labor improving to a 76% probability of retaining office after being down in the low 60s towards the end of the Rudd reign.
6-07-2010 federalindicator
When it comes to interest rates this afternoon, the Crikey Indicator suggests there is little chance of an increase:
6-07-2010 julyinterestrateindictor
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